TRxADE Health Shares Surge 40% on Special Cash Dividend

Dow Jones03-06

By Denny Jacob

TRxADE Health shares jumped 40% to $11.64 following the issue of a special cash dividend.

The stock is up 89% over the last 12 months.

The pharmaceutical exchange platform provider issued a special cash dividend of $8 a share, which is being paid using a portion of proceeds from the sale of its web-based market platform assets. The dividend will be paid on or about March 22 to shareholders of record as of March 18.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

March 06, 2024 10:46 ET (15:46 GMT)

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